Davis Housing Market Report – May 2026
Here's a look at how the Davis, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 67
- Median Sale Price: $884,000
- Average Sale Price: $892,832
- Average Price Per Sq Ft: $476
- Average Days on Market: 51
- Sale-to-List Price Ratio: 100.4%
Month-Over-Month Trends
Compared to April, the median sale price in Davis moved 13.3% up (from $780,000 to $884,000). The number of homes sold was 42.6% up compared to the prior month (47 vs. 67). Average days on market shifted 6.2% up (48 days to 51 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 7.9% up (from $819,500 to $884,000). Sales volume is 21.8% up year-over-year.
What This Means
Davis's housing market is firing on all cylinders heading into summer. The median sale price jumped 13.3 percent month-over-month to $884,000, suggesting renewed buyer interest and competitive conditions. Homes are selling above asking at a 100.4 percent sale-to-list ratio, which tells us sellers still have leverage here. The modest uptick in days on market, from 48 to 51 days, remains healthy and doesn't indicate any cooling. Year-over-year, prices are up nearly 8 percent, confirming this strength isn't just seasonal noise.
What's driving this? Davis benefits from UC Davis, a strong job market, and proximity to Sacramento—factors that create steady demand. The spring selling season is also in full swing, which typically brings more motivated buyers to the table. Inventory sits at 152 active listings, which is reasonable relative to sales activity, though the median asking price of $799,000 suggests some sellers may have overstated expectations compared to actual closing prices.
For buyers, the market remains competitive but not desperate. For sellers, conditions are favorable—just be realistic about pricing. The trajectory suggests Davis remains a solid market for both camps, at least through the summer months.
Davis Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95616 | 40 | $937,000 | $492 | 47 |
| 95618 | 27 | $762,500 | $452 | 55 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 52 | $899,750 | $510 |
| CONDOS | 5 | $461,250 | $404 |
| MULTI_FAMILY | 4 | $900,000 | $436 |
| MOBILE | 3 | $146,000 | $172 |
| CONDO | 1 | $805,000 | $404 |
| OTHER | 1 | $2,070,000 | $229 |
| LAND | 1 | $1,768,500 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 3 |
| $400K - $499K | 5 |
| $500K - $749K | 15 |
| $750K+ | 44 |
Current Active Listings
As of this report, there are 152 active listings in Davis with a median asking price of $799,000 and an average of 76 days on market.
Thinking About Selling Your Davis Home?
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